Baylor Sets Waco Family Business Seminar for May 14

Baylor University's Institute for Family Business will present a seminar titled, "Why Haven't You Formed Your Family Limited Partnership?," another program in the institute's 1998 Waco Family Business Seminar Series, on Thursday, May 14, at the Harrington House Faculty Dining Center on South Eighth Street.

The seminar will run from 7:30-9 a.m. and will be led by Daniel A. Palmer, a shareholder and director of the Waco law firm of Haley & Davis, P.C. Palmer received his undergraduate degree and law degree from LSU and a master's of law degree in taxation from SMU Law School.

Doris Sandberg, program director of the Institute for Family Business, said Palmer will discuss the benefits and problems associated with the family limited partnership, which she described as the "most popular estate planning technique of the 1990s."

"The family limited partnership has been used as an income-shifting device, an asset protection technique, and an estate planning tool," she said.

The 1998 Waco Family Business Seminar Series was planned by the Institute for Family Business specifically for family-owned firms in the Waco area. The Institute for Family Business is a nationally-recognized organization that provides educational programs for family-owned businesses throughout the state.

Sandberg said the aim of the Waco seminar series is to develop skills and strategies for a healthy family business. For more information about the May 14 seminar program (which includes a country breakfast) call Sandberg at (254) 710-4154.